Trump Family Plans $1.5B Crypto Treasury, Crypto Advisor Exits White House, El Salvador Woos Bitcoin Banks, and India Targets Crypto-Holding Tax Evaders | August 11, 2025
Description
The Trump family has big ambitions for a $1.5 billion public crypto treasury company (1:10 ), White House Crypto Advisor Bo Hines steps down (2:27 ), and El Salvador bids to lure big-ticket Bitcoin investors with its new investment banking law (3:37 ). Plus, India steps up enforcement against crypto-related tax evasion, targeting tens of thousands of noncompliant traders (5:07 ).
This is your essential update on the forces shaping what’s next in money.
More on stories and articles discussed or referenced in this episode:
Baird, Kyle. “El Salvador Courts Crypto’s Deepest Pockets with New Banking Law.” DLNews, 10 August, 2025, https://finance.yahoo.com/news/el-salvador-courts-crypto-deepest-123411799.html.
Helms, Kevin. “India Detects Crypto Tax Evasion—Over 44K Notices Sent to Investors.” Bitcoin.com News, 9 August 2025, https://news.bitcoin.com/india-detects-crypto-tax-evasion-over-44k-notices-sent-to-investors/.
Singh, Kanishka. “White House Crypto Adviser Bo Hines Announces Departure.” Reuters, 9 August 2025, https://www.reuters.com/world/us/white-house-crypto-adviser-bo-hines-announces-departure-2025-08-09/.
Weiss, Ben and Leo Schwartz. “Trump Crypto Firm Plans Launch of Public Company that Will Hold Family Token.” Fortune, 8 August 2025, https://fortune.com/crypto/2025/08/08/donald-trump-world-liberty-financial-digital-asset-treasury-public-company/.
The music in this episode was composed by Liborio Conti, and you can find more of his fantastic work at his YouTube page: https://www.youtube.com/liborioconti.